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Equinox Gold Reports Second Quarter 2025 Gold Production of 219,122 Ounces
Equinox GoldEquinox Gold(US:EQX) Newsfileยท2025-07-08 10:30

Core Insights - Equinox Gold reported a total gold production of 219,122 ounces for Q2 2025, with contributions from both Greenstone and Calibre Mining assets [4][7] - The company anticipates a stronger second half of 2025, driven by the ramp-up at Greenstone and progress at the Valentine Gold Mine [3][5] - Equinox Gold has a consolidated guidance for 2025 of 785,000 to 915,000 ounces, reflecting a solid operational foundation [3][4] Production and Financial Performance - Total consolidated gold production for the year to date is 401,211 ounces, with Q1 production at 182,089 ounces and Q2 production at 219,122 ounces [7] - Cash and equivalents stood at $406 million as of June 30, 2025, positioning the company well for future growth [3][7] Strategic Developments - The successful merger with Calibre Mining has added a second high-quality, long-life Canadian gold mine to Equinox Gold's portfolio, enhancing its operational capabilities [2][7] - The integration of new senior executives and board members is expected to strengthen the company's leadership and operational expertise [2][3] Project Updates - The Valentine Gold Mine is on track for first ore through the mill in late August 2025, with first gold expected approximately a month later [5][7] - Discovery drilling at the Valentine Gold Mine has shown promising results, with significant gold grades reported [10]